Why Do you Need Motorcycle Insurance?

Motorcycle insurance is a must for several very specific reasons. Just like car insurance is essential and you must be insured in order to drive legally, you must carry insurance on your motorcycle to avoid legal issues. So why might you need motorcycle insurance? The helpful agents at Ramsey Insurance can give you more details but here is an easy explanation to get you started.

First off, any vehicle that is going to be driven on the road must be licensed. Licensing a vehicle puts a record of the car in the system in your local government and lets the proper officials know who owns the car as a means of identification in the case of a hit and run or in the case that the car is stolen or some crime is committed using that vehicle. It also means that the car is going to be properly taxed by your local government as well.

In order for a vehicle to be licensed, it must be insured. Not only does insurance protect the driver, it also protects other drivers in the case of an accident. Say for instance your motorcycle strikes another car while driving, it is essential that insurance is in place to help pay the bills of the other driver and to protect your best interests as well. If you want to drive the motorcycle on the road, you are going to need insurance without a doubt.

If you want to be able to drive legally, you must have the motorcycle both licensed and insured to protect yourself and other drivers. Another reason you may need insurance is if your motorcycle still has a loan or a lien against it. The bank will require a full coverage policy to cover the cost of any damage.